(TNS) — College and university endowments in 2023 reversed a historically poor showing from the previous year by posting investment returns approaching 8% that favored institutions with less wealth over
College and university endowments in 2023 reversed a historically poor showing from the previous year by posting investment returns approaching 8% that favored institutions with less wealth over peers with billions of dollars in holdings. The findings are from a study of nearly 700 institutions nationally that was released Thursday
For decades, the modest hillside campus embodied the State System of Higher Education’s promise to deliver a public university education wherever needed — in this case, a small satellite location in the heart of Pennsylvania’s oil region. Students attending what was then the Venango branch of Clarion University in Oil